American Airlines Group (AAL) : Zacks Investment Research ranks American Airlines Group (AAL) as 3, which is a Hold recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 1.55, which indicates as a Buy.
American Airlines Group (AAL) : Average target price received by American Airlines Group (AAL) is $43.15 with an expected standard deviation of $5.73. The most aggressive target on the stock is $50, whereas the most downbeat target is $29. 10 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. American Airlines Group (NASDAQ:AAL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.25 and $34.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.08. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.96, notching a gain of 2.28% for the day. The total traded volume was 7,666,723 . The stock had closed at $34.18 on the previous day.
In a related news,The officer (EVP Chief Integration Officer) of American Airlines Group Inc., Goulet, Beverly K. sold 40,000 shares at $33.88 on July 12, 2016. The Insider selling transaction had a total value worth of $1,355,200. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
American Airlines Group Inc. (AAG) is a holding company and its wholly-owned subsidiaries include American Airlines, Inc. (American), US Airways Group, Inc. (US Airways Group) and Envoy Aviation Group Inc. (Envoy). US Airways Groups principal subsidiary include US Airways, Inc. (US Airways) and its other wholly-owned subsidiaries include Piedmont Airlines, Inc. (Piedmont), and PSA Airlines, Inc. (PSA). AAGs primary business activity includes the operation of two network carriers through its principal, wholly-owned mainline operating subsidiaries: American and US Airways. The Companys airlines operate an average of approximately 6,700 flights per day to around 339 destinations in around 54 countries from its hubs in Charlotte, Chicago, Dallas/Fort Worth (DFW), Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia.